DOGE is stuck in the golden pocket... but for how long?

📍Chart Breakdown:
Dogecoin is consolidating within a key Fibonacci retracement zone, ranging between $0.158 and $0.178 — what traders often call the “golden pocket.” Price is coiling just above critical support.

🟡 Fibonacci Zone (Golden Pocket):

The $0.158–$0.178 area has acted as both resistance (early May) and support (mid-June onward).

Holding this range = potential bullish continuation.

Breaking below = likely retest of $0.14 or lower.

📉 Recent Context:

Sharp drop from the $0.22–$0.23 area in early June.

Since then, DOGE has been trying to base out in this fib zone.

Trendline support from April still loosely intact.

📊 Indicators:

Stoch RSI: Mid-range (53), turning up — could indicate a potential bounce or continuation higher.

Volume: Still muted — watch for spikes on breakout attempts.

🧠 Trade Scenarios:

Bullish: Break and close above $0.178 could retarget $0.20 and eventually $0.23.

Bearish: Breakdown of $0.158 with volume = high risk of drop to $0.14